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RECONCILIATION OF INCOME TAXES CALCULATED AT STATUTORY RATES (DETAILS) - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Reconciliation of income taxes calculated at the federal statutory rates:    
(Benefit) tax at statutory rate of 25% $ (3,832,536) $ (9,868,430)
Effect of tax holiday 1,478,831 3,906,336
Other, primarily the difference in U.S. tax rates 4,136 7,815
Change in valuation allowance 2,410,008 6,031,321
Income tax expense $ 60,439 $ 77,042